The “will he, won’t he” summer of student debt cancellation is upon us. The “he” is, of course, President Joe Biden. Some 43 million borrowers are hanging onto hope that Biden will take executive action to relieve at least some of their collective $1.7 trillion debt. Rumors fly on social media.

BING NEWS:
  • Key student-debt relief programs are at risk if Congress doesn't boost Education Department funding, 25 Democratic lawmakers say
    Following a botched FAFSA rollout and rocky return to student-loan repayment, Elizabeth Warren is calling for more cash for Federal Student Aid.
    05/8/2024 - 2:01 am | View Link
  • Biden's student debt handout plan could cost as much as $1.4 trillion
    New analysis from the CRFB finds that President Biden's latest student loan handout would bring the total cost of cancellation plans to between $870 billion and $1.4 trillion.
    05/7/2024 - 11:00 pm | View Link
  • Biden Education Secretary won’t rule out student debt forgiveness for antisemitic campus protesters
    Education Secretary Miguel Cardona refused to commit Tuesday to withholding student debt forgiveness from campus protesters who have engaged in antisemitic harassment and intimidation of classmates.
    05/7/2024 - 5:40 am | View Link
  • Biden looks to project presidential power as campaign heats up
    With six months to go before the election, President Biden is taking or mulling these and other unilateral actions, the latest sign that he plans to fully deploy his executive powers in the home ...
    05/6/2024 - 11:00 pm | View Link
  • Student loan forgiveness: $6.1B in debt relief approved for those enrolled at for-profit Art Institutes
    STATEN ISLAND, N.Y. — Approximately $6.1 billion in student loan debt has been forgiven for 317,000 borrowers in the United States, according to a recent federal announcement. The Biden-Harris ...
    05/6/2024 - 12:24 am | View Link
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